Governance structures in strategic alliances: transaction cost versus resource-based perspective

Chen, Homin; Chen, Tain-Jy
February 2003
Journal of World Business;Spring2003, Vol. 38 Issue 1, p1
Academic Journal
In this paper, we examine the pattern of resource alignment in strategic alliances and its relevance to the scheme of cooperation. This resource-based perspective is combined with the transaction cost model to interpret the governance structure of international strategic alliances undertaken by Taiwanese firms. We find that whilst the transaction cost model is powerful in explaining the choice between joint ventures and contractual alliances, the resource-based perspective provides useful insights into the choice between two distinctive forms of contractual alliances, namely, exchange and integration alliances.


Related Articles

  • Making Strategic Alliances Work. Pietras, Thomas; Stormer, Christian // Business & Economic Review;Jul-Sep2001, Vol. 47 Issue 4, p9 

    Presents guidelines for successful strategic business alliances. Analysis of formal assessment processes; Consideration of legal structure choice and alliance of partners; Creation of governance rules; Establishment of monitoring process.

  • Alliances and Fast-Growth Companies.  // Practical Accountant;Feb2001, Vol. 34 Issue 2, p6 

    Reports on the survey conducted by PricewaterhouseCoopers on the participation of fast-growth companies in alliances. Types of alliances; Sectors where fast-growth companies participating in alliances are most active.

  • Dangerous Liaisons. Tapsell, Sherrill // New Zealand Management;Nov99, Vol. 46 Issue 10, p28 

    Focuses on strategic alliances. Years Westinghouse Electric and Mitsubishi have been corporate allies; Number of alliances formed worldwide; Growth rate of strategic alliances; Types of alliances; When should a company consider entering an alliance; Reasons behind strategic alliances.

  • Beats the Hell Out of a Scented Candle.  // Yachting;Sep2008, Vol. 204 Issue 3, p28 

    The article discusses the collaboration of French champagne house Veuve Clicquot Ponsardin and boats builder Riva on a limited edition gift set.

  • News in brief.  // New Hampshire Business Review;10/08/99, Vol. 21 Issue 22, p5 

    Reports on business developments in New Hampshire as of October 8, 1999. Alliance between Booth Creek Resorts and Southwest Airlines to boost winter tourism; Delays in the opening of the state's prison in Berlin due to insufficient funds for prison guard training; Pledge from 23 colleges and...

  • Joining Forces. Durkalski, Esther // Paperboard Packaging;Apr2001, Vol. 86 Issue 4, p44 

    Discusses issues on establishing strategic alliances by smaller independents. Components of the alliances; Reason many companies joined alliances; Ways companies can reduce costs.

  • THE IMPACT OF E-BUSINESS TECHNOLOGICAL INNOVATIONS ON MOTIVATION AND PERFORMANCE OF STRATEGIC ALLIANCES. Tian Xie, Frank; Johnston, Wesley J. // AMA Winter Educators' Conference Proceedings;2002, Vol. 13, p120 

    The joint effort by the big three automakers to form an alliance to consolidate their suppliers and the breakup of centennial strategic partnership between Ford and Firestone under current e-business technological environment draw renewed attention to the motivation, formation, and performance...

  • The only way to compete now is with an alliance. Mazur, Laura // Marketing (00253650);2/15/2001, p20 

    Opinion. Focuses on the importance of alliances for marketing companies in order to compete in the industry in Great Britain. Accounts of a partnership where the staff of respective partners argue and fight every meeting; Changes in the job of marketers over the years; Purpose of companies in...

  • Consultants Speak Out. Wolosky, Howard W. // Practical Accountant;Jul2000, Vol. 33 Issue 7, p37 

    Presents advice from top consultants of accounting firms on issues that confront small to medium-size firms such as associations and alliances, compensation, marketing, technology and mergers. Tips for selecting business partners; Changes in compensation packages; Evaluation of the success of a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics